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These days, finding an affordable place to live in the 61281 area can be challenging. Home prices in 61281 are now at a median cost of $220,369, lower than the Illinois average of $300,242.
The average cost of rent is $816/mo in 61281, primarily driven by the current value of real estate in the 61281 area. In 61281, 6.39% of households rent, and 37.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 61281 is $8,958 per month. Households that rent pay about 9.11% of their income on rent here. 61281’s most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 61276, IL: equally priced homes
- 61263, IL: less expensive homes
- 61468, IL: less expensive homes
- 61273, IL: equally priced homes
- 61465, IL: less expensive homes
- 61262, IL: equally priced homes
- 61486, IL: less expensive homes
- 61264, IL: less expensive homes
- 61240, IL: equally priced homes
- 61279, IL: less expensive homes
Zip Codes with Similar Populations
- 55049, MN: higher priced homes
- 02804, RI: higher priced homes
- 38873, MS: less expensive homes
- 39159, MS: less expensive homes
- 42120, KY: less expensive homes
- 45203, OH: higher priced homes
- 49241, MI: equally priced homes
- 50115, IA: less expensive homes
- 51039, IA: higher priced homes
- 53502, WI: higher priced homes
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